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Context of the inventory management expenses in the case of planned shortages

Author

Listed:
  • Korponai János

    (József Hatvany Doctoral School for Information Science, Hungary)

  • Tóth Ágota Bányainé

    (University of Miskolc, Institute of Logistics, Hungary)

  • Illés Béla

    (University of Miskolc, Institute of Logistics, Hungary)

Abstract

The main purpose of the paper is to present the relations between the different cost factors of the inventory management systems, and the context between the order quantities and the cost level. The theoretical approach of the model assumes a deterministic operational environment with planned shortages. We make the examination of the contexts by applying the ceteris paribus principle; we change only one cost factor from among the initial conditions at once and examine its effect on the cost level.

Suggested Citation

  • Korponai János & Tóth Ágota Bányainé & Illés Béla, 2017. "Context of the inventory management expenses in the case of planned shortages," Engineering Management in Production and Services, Sciendo, vol. 9(1), pages 26-35, March.
    • Handle: RePEc:vrs:ecoman:v:9:y:2017:i:1:p:26-35:n:3
    DOI: 10.1515/emj-2017-0003
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